Over the weekend, AN48 - the latest version of the Ariba Supplier Network - went live (release notes here). Drew Hofler took a few minutes of his time to explain the details on a new feature in AN48, the Cash Optimizer Tool.

With the Cash Optimizer tool, suppliers can create liquidity by acting on their buyer's early payment discount opportunites OR by auctioning bundles of their receivables on the Receivables Exchange. In a time of challenging credit markets when cash is king, this tool can help provide some much needed liquidity for companies on the Network.